, year-to-year change of earnings multiple P/E tends to anticorrelate with profits cycle. It shows sluggishness of market … trend. It is presence of phase of earnings accumulation. Such accumulation is possible only during periods of significant … outstripping of earnings growth over the market growth. Now there is no phase of earnings accumulation, because market returned to …

firm size and earnings. To establish that such a question is of interest we need to show that the firm size-wage effect …

. Our results also indicate that attending a college with a racially diverse student body increases the later earnings of …

This paper examines the channels through which education affects household earnings in environments where wages are … unobserved. Utilizing data from rural Peru, the empirical strategy decomposes the earnings returns to education into various wage … identification of unobserved wages. Results indicate that education affects earnings disproportionately more than hours, implying …

these returns have changed from 1980 to the late 1990s. We find strong evidence that the earnings function is convex for … both countries and document significant differences in the earnings profiles across cohorts, typically with stronger …